McCann Co. has identified an investment project with the following cash flows. Year Cash Flow $ 850 1,190 1,450 1,600 w a. If the discount rate is 7 percent, what is the present value of these cash flows? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What is the present value at 16 percent? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) c. What is the present value at 30 percent? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Present value at 7% Present value at 16% Present value at 30% c